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Nigeria’s Central Bank has opted to hold its benchmark lending rate steady at 26.5 per cent, resisting pressure from a fresh uptick in inflation and global economic uncertainty that analysts say tilted the policy balance firmly toward caution. CBN Governor Olayemi Cardoso announced the decision on Wednesday at the conclusion of the 305th meeting of…
The World Health Organisation has assessed the risk of the Democratic Republic of Congo’s escalating Ebola outbreak as high at both national and regional levels, even as the United Nations health agency stopped short of declaring it a global pandemic emergency. WHO Director General Tedros Adhanom Ghebreyesus made the assessment public on Wednesday, confirming…
A severe skills gap across African economies threatens to slow continent-wide economic growth, weaken worker productivity, and derail job creation. The World Bank issued the warning in its latest assessment of sub-Saharan labor markets on May 20. The global financial institution noted that regional educational pipelines are failing to produce a workforce equipped for modern…
Former Head of State General Yakubu Gowon has finally published his long-awaited autobiography. The book presentation, My Life of Duty and Allegiance, launched in Abuja on Tuesday, drew a vast assembly of veteran rulers, diplomats, and senior government officials to the Bola Tinubu International Conference Centre. Vice President Kashim Shettima represented the head of state, sitting…
The Federal Airports Authority of Nigeria has moved to reassure travellers and aviation stakeholders that comprehensive preventive measures are now active across all international airports in the country, following a recent Ebola Virus Disease outbreak in parts of Central Africa. In a statement issued on Wednesday by its Director of Public Affairs and Consumer…
The Nigeria Democratic Congress has cleared Peter Obi to contest its upcoming presidential primary election. The screening committee approved the former Anambra State governor after verifying his credentials at the party headquarters in Abuja. This clearance establishes Obi as a frontrunner for the opposition ticket ahead of the 2027 general elections. The party confirmed his…
Former Vice President Atiku Abubakar has congratulated Arsenal Football Club on winning the English Premier League title, using the occasion to draw deliberate parallels between the club’s transformation and his long-standing economic and political vision for Nigeria. In a statement issued on Wednesday through his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described…
Something has shifted in the health and fitness world, and the data is hard to ignore. For years, the goal was simple: lose weight. Drop the number on the scale and assume everything else will follow. But researchers, clinicians, and performance coaches are now pointing to a different marker as the better measure of long-term…
Nigeria’s Super Eagles will navigate one of the more demanding routes to the 2027 Africa Cup of Nations after being drawn into Group L alongside Madagascar, Guinea-Bissau and co-host Tanzania, a placement that effectively reduces the group’s qualifying berth to just one automatic slot. The draw was conducted at the headquarters of the Egyptian…
Wall Street index values fell sharply as surging crude prices ignited renewed global inflation fears. The sudden retreat knocked US equities off their recent record highs, which had been driven heavily by optimism surrounding artificial intelligence. Investors abandoned riskier stocks after benchmark Treasury yields jumped, offering a safer alternative for capital. The downturn affected nearly…
